IDBI Bank aims to be among top five in terms of business from its present seventh position among banks now. It expects to cross Rs 3,000 crore in profit during this year. To achieve this goal, bank has planned to grow by 20-22% with about 1,000 branches and 15,000 employees.
The bank has planned to open around 150 branches during this year. It has the lowest average employees’ age of 33 among the banks in India. Its per capita profitability (profitability per employee) was the best in the industry.
IDBI Bank had closed the last financial year with a business of Rs 3.91 lakh crore and made a net profit of more than Rs 2,000 crore.
